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CNN
Dec 7, 2012 8:00am PST
and the speaker of house about to address perhaps this and other things. >> our economy and threatening jobs and the white house has wasted another week. you know, eight days ago secretary of state geithner came here to offer a plan that had twice the tax hikes the president campaigned on. and they had more stimulus spending than it had in cuts. and -- indefinite, infinite, increase of the debt limit like forever. four days ago we offer ad serious proposal based on testimony of president clinton's former chief of staff. since then, there has been no counteroffer from the white house. instead, reports indicate that the president has adopted deliberate strategy the slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code, cutting spending, the president wants to raise tax rates. even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington has a spending problem. not a receive knew problem. the president doesn't agree with our proposal, i believe that
CNN
Dec 7, 2012 6:00am PST
stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you have this people who say this report is very important. it's going to be driving the conversation on the fiscal cliff. we only have 25 days until the tax hikes and spending cuts start to take effect. here is the thing. this number came in much better than expected, don. so the bad part about this is that it may not motivate all those politicians on capitol hill as much as it may have, if it came in much weak er. this may not light the fire, so to speak. that could be the downside to the upside surprise to the number. don? >> alison, stick around. we'll get back to you as well. >>> from wall street now to washington where the white house is keep iing a close eye on today's numbers. brianna keilar joins us now live. good morning, brianna. >> reporter: good morning to you, don. we're still awaiting reaction from the white house and also from congssional republicans. they've long said at the white house, tak
CNN
Dec 5, 2012 8:00am PST
, there is progress in some key sectors of our economy. we've seen housing finally begin to bounce back for the first time and that obviously has an enormous ripple effect throughout the economy. consumer confidence is as high as it's been. many of you, over the last two or three years, have experienced record profits or near record profits and have a lot of money where you're prepared to invest in plants and equipment and hire folks. obviously globally the economy is still soft. europe is going to be in the dulldrums for quite some time and i think what all of you recognize and many of you have told me is that everybody is looking to america. because they understand that if we're able to put forward a long-term agenda for growth and prosperity that's broad-based here in the united states, then confidence will not just increase here in the united states, it will increase globally and we can get the kind of virtuous cycle that we all want to see. what is holding us back right now, ironically, is a lot of stuff that's going on in this town and i know that many of you have come down here to try to see,
CNN
Dec 2, 2012 1:00pm PST
. >> if there's another way to get income from upper income americans that doesn't hurt our economy, then why wouldn't we consider it. >> those are publicly unchanged deadlines. whether political theater or political reality, there's more to going over the fiscal cliff far beyond hypothetical. >> i think we're going over the clif. >> if they are going to force higher rates on virtually all americans because they're unwilling to let tax rates go up on 2% of americans, then that's the choice we have to make. >> emily joins us live from washington and so ellie, did anyone on any of the talk shows offer something resembling a bipartisan deal, or was effort just negativity? >> when the weekend began, an official who's very familiar with this -- as we saw on the talk shows today, there's no word that anything has been added to anyone's calendars in the past couple of days. so is there hope a deal can be reached? certainly that hope is still alive. but is there a timeline in place as to when it will happen, that's not known. >> emily schmidt, for us live in washington. thanks so much. >>> a series o
CNN
Dec 4, 2012 6:00am PST
wealthy americans are the ones who are creating the jobs and helping to turn this economy around. that remains the big sticking point. those bush era tax cuts, white house saying it should be extended for middle class americans but not for those upper income americans, carol. >> how seriously should we take these negotiations? both sides are negotiating in public, not the greatest way to negotiate in the world, right? >> reporter: right. you sort of have to take it based on the information they give you. there's a lot that goes on behind the scenes. we've seen this play out over the last four years where both sides will sort of throw these sharp elbows publicly, but then they do hammer something out. we do have to take it seriously. you have to get a sense that both sides understand the serious nature of this fiscal cliff and they do want a deal to get done. so they are looking for ways to find some kind of agreement. they are looking at outside groups today as well. the president will meet with half a dozen governors, arkansas, minnesota, utah, wisconsin, republican governor fro
CNN
Dec 4, 2012 8:00am PST
'll be impacted, won't be able to put more money into the economy, won't be able to help turn the economy around. so that really is sort of the big sticking point. the white house refusing to budge from it at this point. we'll see where it goes in the next coming days. >> topic two, that is that the president is meeting with the leaders of the national governors association. i have the lineup here. a lot of people haven't heard of some of those folks. jack markell, dayton, beebe, gary her bet of utah, mary fallin of oklahoma and wisconsin's goff scott walker who i think a lot of people are familiar with. the question is why are they there, what do they want and why wh -- what do they want to say? >> a lot of reasons. the president wants to make his case to them, and then in turn hopefully that they will go up on capitol hill. of course, some of them will be meeting with house speaker john boehner and senate majority leader harry reid. so the hope is they will put pressure on their lawmakers from their states to get a deal done. but also this is a chance for these governors to talk about the fact
CNN
Dec 7, 2012 11:00am PST
's rate of unemployment stands at a four-year low. it is now 7.7% with the economy adding nearly 150,000 new jobs last month. the numbers issued by the labor department. a loss of manufacturing jobs did serve to dampen the outlook going forward. the manufacturing sector shed 7,000 jobs last month. the positive side, again, hurricane sandy appears not to have been the job killer many had feared. the labor department says the havoc wrought by sandy had no substantial impact on the unemployment picture. with us now, jill schlessinger, editor at la w manyre the jobs aart me ,ow m t are seasonal jobs? >> not so many seasonal. we saw some broad based gains and we continue to see some really robust gains in retail, in business services, health care is really continuing to show great improvement. you mentioned manufacturing. mentioned one other area, 20,000 jobs lost in construction. that may be a little bit of sandy related. >> but also, one of the interesting things, you looked at the numbers and said there was 300,000 people that said weather did affect the job surge. why is that not con
CNN
Dec 6, 2012 9:00am PST
the economy and send unemployment sky-high. i'll hear what he has to say up next. [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. home of the legendary grand prix circuit. the perfect place to bring the all-new cadillac ats to test the 2.0-liter turbo engine. [ engine revs ] ♪ [ derek ] 272 horsepower. the lightest in its class. the cadillac ats outmatches the bmw 3 series. i cannot believe i have ended the day not scraping some red paint off on these barriers. ♪ [ male announcer ] the all-new cadillac ats. >>> american
CNN
Dec 8, 2012 2:00pm PST
in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families then we're also going to have to ask the wealthiest americans to pay higher tax rates. that is one principle i wouldn't compromise on. >> speaker john boehner has a different view. he says the president needs to abandon what he called his "my way or the highway approach," in his words. if the president does that a lot of things are possible. >>> syrian rebels are battling army units around the capital. activists say 26 people were killed in the damascus suburbs today, while 29 more were killed around the country. meanwhile, the u.s. and other officials warning against chemical weapons. syria says it would never use the chemical weapons against its own people but warns that terrorists could use it against the people. >>> and linebacker jerry brown, a dallas cowboy, a member of the team's practice squad was pronounced dead at the hospital. he was riding in a car driven by josh brent, the starting nose tackle. brent has been arrested on suspicion of intox
CNN
Dec 3, 2012 11:00am PST
know, kick into place that can plunge the economy back into recession. and you have the house speaker saying this white house proposal, the one he received just a matter of days ago, isn't even serious. gloria borger, our chief political analyst, let me bring you in here. one of the questions is does it seem to you that the president feels as though he has some leverage here? he won the election, right? >> he did. >> maybe that accounts for what's in his proposal. >> yeah. this is clearly a different president obama than the one we saw during the debt ceiling negotiations or even after the midterm elections in 2010 when he felt a little weakened and there was the extension of those bush tax cuts for the wealthy. so i think when you're seeing here is a president who put this on the table, trying to please his base, okay? which got him elected after all. saying, this is my wish list, this is in a perfect world, this is what i would do. i don't think anyone at the white house expected the republicans to say, oh, thank you mr. president, yes, this looks lovely. let's go on and work on a d
CNN
Dec 9, 2012 3:00pm PST
this is an economy still struggling. so how are some businesses finding ways to keep their doors open while others are failing? our tom foreman looks for some answers in today's "american journey." >> reporter: amid the bustle of broadway, against the bad economy and the crushing competition, at the strand, the show goes on. started more than 80 years ago, this independent bookstore has beaten the odds. surviving the great depression, world war ii, and fred bass, who was a baby when his dad started the strand, says the store is enduring these tough times too. >> mainly by having gad books and good prices. lately we've been selling a lot of new books at discount. but it's mostly used book or bargain books we sell, antiquarian, out of print books. >> reporter: the eclectic approach allows it to appeal to a broad away of clients. like this rare signed copy of ulysses by james joyce. >> what are we selling this for? $25,000. a bargain, really. >> reporter: the strand's success is about more than inventory. employees top to bottom must possess a deep knowledge of books and embrace the idea that they ar
CNN
Dec 1, 2012 7:00pm PST
your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. get a droid incredible 4g lte by htc for $49.99. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhe
CNN
Dec 5, 2012 6:00am PST
the problem. >> as we continue to try to solve the fiscal economy, today we will have small family-owned businesses in there, talking about ways that we can -- >> we're going to pull away from this. i have a question of you, dana bash. dana, are you there? she can't hear me. well, i wanted to ask her about these $800 billion in tax revenue. i want to make it clear to all of you that does not mean an increase in taxes on the wealthiest americans. that means closing loopholes and cutting other things to raise that $800 billion in tax revenue that the republicans are talking about. we're going to hear much more about this on the other side of the break and we'll be right back. >>> just moments ago, john boehner spoke to reporters and said he made an offer. part of the negotiations to avoid that fiscal cliff, he made that offer to president obama that includes $800 billion in tax revenue. he wants to overhaul the entire tax code, close loopholes, things like that. he's waiting for a response from the president. listen to what he said. >> you know, this week we made a got faith offer to
CNN
Dec 9, 2012 11:30am PST
republicans, led by gop governor rick schneider, they think the bill is going to wind up boosting the economy there, not hurt it and that's the whole point of this law, right? >> exactly. the governor and others insist that right to work laws will save jobs and in fact, bring more work to michigan and even increase salaries by not forces union dues on workers. here's michigan's governor. >> to give freedom of choice to the workplace and that ledge islators move through the legislature and when it arrives on my desk, i plan on signing it. >> so, susan, what kind of turnout's going to be expected this week? lawmakers are expected to vote by when? >> as early as tuesday. some people are predicting 7,000 demonstrators coming into town. last week when supporters and opponents jammed the capital, the state police locked the doors. they said for safety reasons and union reps had to get a court order to reopen the halls. now, if the bill is passed, some people are talking about recall campaigns like we saw in wisconsin or maybe legal challenges. we'll see. >> okay, looks interesting to follow. thanks
CNN
Dec 2, 2012 1:00am PST
and is struggling to make the curve. so nothing really is recession-proof in the kind of economy we're living in today. >> you ever want to be governor? >> no, sir. i have plenty to do here. i love this county. i love what we're doing. this is the largest industrial park of its kind in the nation. i have 130 countries, 6,000 jobs in the last five years. that's going on in a park that sits right in the middle of story county. there's 104,000 acres out there. it's a fabulous industrial center. story county is on the threshold of incredible adventure and profitability. and that's because of gold mining in the comp stock, tourism in virginia city, tri, the largest industrial park, that's where i'm going with my commission. that's where i'm going with story county. i can't wait to sit in the seat. >> we can't wait for you to come back and tell us how it's going. thank you very much. i appreciate it. i said now you're legit. you said, i've always been legit. now people just know my name. >> i've always been legit. >> best of luck to you. >>> a young actor gets religion then speaks out against his o
CNN
Dec 4, 2012 11:00am PST
the ships can get unloaded and it won't have a huge impact on the economy. almost a half trillion dollars in goods comes through these two ports, los angeles and long beach every year. this is a massive disruption to things down the road. and not just christmas. we're talking into the spring and summer at this point. >> yeah. half a trillion dollars, that is quite a chunk of change, miguel marquez. let us know if they go from the miles to the yard, some kind of compromise. we appreciate you there in long beach, thank you. >>> the rush is on. take a look at this door buster. >> oh, my god. oh, my god. seriously? >> she says, seriously? what is this over? no holiday sale or special caused this mad dash. find out what led parents to this frenzy next. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. but don't just listen to me. listen to these happy progressive customers. i plugged
CNN
Dec 5, 2012 9:00am PST
like the economy really moving again too, and now can you see it reflected many some of the moves these big companies are making. what is happening is that they're being forced to streamline to keep things operating as tightly as possible. it will cut 99,000 jobs arnold the world, and this is a global layoff, and they're doing this in an effort to save about $1 billion. michael corbitt says these actions are logical next steps in citi's transformation. suzanne, to remind our viewers, the bank has struggled more than some of its rivals after the financial crisis. now, i also want to update you on what's happening with lockheed martin. lockheed marten is relocating hundreds of jobs from georgia to texas. employees who work on the company's f-22s will have the option to move from marietta to fort worth by the end of march. if they choose not to, they'll either be reassigned or laid off. you're going to hear similar situations at other companies too, and these moves are one of the more unfortunate aspects of an economy that's really having trouble rebounding, suzanne. >> explain to us
CNN
Dec 5, 2012 11:00am PST
to the economy. what are you hearing from wall street? sounds like some folks aren't so nervous. >> there is a variety of opinions, diversity of opinions. i said show me two economists and i'll show you six different opinions. the opinions are out of my control. what is in my control is this. can we get certainty? and, again, we all agree on at least the first $250,000, me, myself, i think it ought to be higher because it should be linked to the cost of living and not some figure. i think it should be higher. but let's just get agreement and pass the bill where we know everybody does agree. and that's on at least the first $250,000. that gives the market certainty and just as important it gives the middle class certainty. right now, this weekend, people are going to go out and buy holiday presents for their family, their friends, loved ones, they need to know whether their taxes are going to go up by $2,000 because we can't get an agreement. let's at least get that done and then we can move on to the more contentious issues. >> okay. congressman steve israel, appreciate it. than
CNN
Dec 7, 2012 9:00am PST
of the e.u. strategy. >> it's crucial for our economy. it's part of the -- we want to do it for growth and jobs. to work in transport sector -- and it's very, very important for europe, also for our investment. >> the e.u. hopes that the space sector will account for 20% of its gdp by the year 2020. the u.k. space agency has been $2 billion for the european space agency programs. the space agency already contributes 9.1 billion or $14 billion to the u.k. economy. for europe investing in space is investing in the future. >>> medical marijuana is already legal in several states in the united states. now, voters in washington state and colorado have ok'd the recreational use richard branson says yes. >> simply proposed with the harder drugs is do what portugal has done and that is, you know, let the state set up clinics throughout america that if you have a drug problem, you go to that clinic. give them the methodone until they're ready to come off, and when they're ready, you use a drug clinic that costs one-third of the price of a prison medical record to get them back into society. >>
CNN
Dec 3, 2012 6:00am PST
raise those taxes on businesses and investors it's going to hurt the economy and this isn't the best time to do any injury to businesses and investors when we don't have enough jobs in this country. but you may be right that the president will insist on those tax rates going up and republicans have said, look, instead of raising the tax rates why don't we close loopholes in the tax system, make the tax system more efficient and stop picking winners and losers. i think that's the latest offer the republicans have put on the table. they're not opposed to a tax increase. they're basically saying let's do it the right way in a way that doesn't hurt the economy. >> yeah, but stephen, you could close every loophole that's out there and that wouldn't make up for our deficit. >> no, but the president's plan of raising taxes on the rich, let's assume even he has his way. let's assume republicans go along with his plan. that at best raises about $70 billion a year. that leaves us with a trillion dollar deficit. this puts the president i think in a little bit of a hole. if the republicans give
CNN
Dec 4, 2012 9:00am PST
a significantly negative impact on the economy but we're not backing one particular plan or the other. >> let's take you overseas to syria where rebels have been gaining ground against government forces. rebels trapped 450 soldiers in side a sprawling military base. arwa damon has this exclusive look at the siege. >> reporter: close to aleppo rebels have a strange hold on a sprawling military base. there's a red gate next to a stonewall and then right behind it is the wall that is the outer perimeter of the military academy. it's less than 100 meters away, some 330 feet. we quickly move to another vantage point in a building next door. commanding the lions of aleppo battalion. it's clashes, he says, nonchalantly. he used to be a tailor. since the uprising began he's been wounded four times, and detained three. the rebels don't have binoculars. so he uses a camera to zoom into the base and show us government positions. you can see a sandbag fighting position on the roof of one of the buildings inside. fighting has been fierce but the rebels are confident they have the upper hand. he uses a poo
CNN
Dec 6, 2012 6:00am PST
, carol, the economy grows. that ends up translating to investors as being more confident. confident enough to buy into the market. since most 401(k)s closely track the s&p 500, this 10% to 15% rise cohen is expecting would be great for your retirement savings. if you start the year with, say, $30,000 and the index gains 15%, you're looking at almost $5,000 in gains. so it probably won't surprise you that the fiscal cliff, though, is a concern. but, you know what, cohen says even if the market is shaky at the start of 2013, the gains the second half of the year will make up for it. carol? >> that's a pretty rosie outlook. there must be a counter argument. all the other -- i hear such dire things. >> of course. you know, there are other big financials that release their outlooks, too, carol. most are generally positive, though. there are some pessimists out there. wells fargo strategists expects stocks to decline next year and points to slowing growth and uncertainty about the economy. expects just a modest gain next year and that strategist says because of conversations about key str
CNN
Dec 6, 2012 11:00am PST
know, something to the american economy. the way you look at things is, you know, the company is going to be spending $100 million in terms of bringing back jobs to the u.s. some may say $100 million, you know, is not a lot of money considering that apple has more than $100 billion in the bank. but i think this is a positive sign in terms of how many workers we're talking about here -- >> how many jobs? >> reporter: we don't know precisely or the skills necessary. it's a great question. probably in the thousands of jobs. remember, this is one existing mac line. this is not the iphone or ipad. one line but probably in the thousands, brooke. >> in the thousands. and so, apple chock eed up the one-day stock drop. do you think the shift, has to be a profitable move for apple hopefully. >> reporter: well, you know, there are two ways of looking at it. you are using cheap labor in china. not going to have that in the united states and also you're talking about adding infrastructure costs. how that might impact the bottom line, you know, remains to be seen and tim cook made it clear this is n
CNN
Dec 8, 2012 11:00am PST
've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> the economy is looking up for one midwestern community. that's because google chose it to launch a new high-speed internet technology that's transforming the landscape for local businesses. tom foreman has details in this "building up america" report. >> reporter: in the bustling heart of kansas city, the pioneer spirit is burning brightly. entrepreneurs trading ideas, exploring concepts and much of it resolves around a handful of houses on a few beaten up blocks. where some small internet start-ups are drawing national attention. >> i can go local. >> mike farmer is the ceo of leap2, a company with a highly advances mobile search app. >> people stop by the office every day from boston, san francisco, or denver. it's fascinating. >> that must feel pretty good. >> yeah, it does. >> one big reason the companies are clustering here is that google chose this neighborhood to launch its much anticipated super high speed internet connection. 100 times faster than most internet links, google fiber allows
CNN
Dec 9, 2012 1:00pm PST
." >>> welcome. i'm tom foreman. despite joblessness, low wages and everything bad about the economy. holiday sales right now are looking pretty good. the national retail sales federation predicts when all is said and done, they'll be up about 5% this year. so why are some retailers so worried? because there is a rapidly growing giant out there, gobbling up customers like nothing before. so much so, that this may be one of the last christmases you'll ever see with shopping quite like this. >> reporter: america's holiday mall mania is as traditional as tinsel, consumers spending more than a half trillion dollars this year will fuel more than a half million seasonal jobs, but the real frenzy is at home, amazon.com. >> what is amazon up to? >> the ambition it seems is to take over the systems of comp assumption. >> barnie jobson a reporter for the financial times has just written a book about amazon's extraordinary rise. >> amazon's sales have been growing about 20% to 30% a year and this is phenomenal when you consider the rest of the retail sector is growing at best 5% a year. there is a quest
CNN
Dec 9, 2012 2:00pm PST
that this bill will wind up helping the economy and not hurting it, right. >> that's right allison. the governor insists that the right to work bill will save jobs and increase salaries by not forcing union dues on workers. here's michigan governor rick snyder. >> to give freedom of choice to our workplace and that legislators move promptly and efficiently in moving it through the legislature and when it arrives on my desk, i plan on signing it. >> susan, are we going to see more of the same this week? what kind of turnout are you expecting to see at michigan's capitol when lawmakers are expected to vote? >> a huge turnout is expected. some people are predicting 7,000 demonstrates, last week when supporters and protesters jammed the can toll. some people are talking about recall campaigns like we saw in wisconsin or even legal challenges, so we'll see what comes up. >>> in washington state, same-sex marriage is now legal and at the stroke of midnight couples started to getting married. after 11 years together. sarah and emily became the first same same-sex couple to tie the knot. >> it's kind of
CNN
Dec 6, 2012 8:00am PST
and into the next night and after that because we can't afford a billion dollar a day loss to the u.s. economy. >> can you get the backlog up and running? will the store shelves be filled up again and will back orders be filled? >> it will take five or six days to do that and then we got to work around the clock to get the goods to people to make sure that santa has all of the presence under the tree and hanukkah is being celebrated. >> okay. so next question. this has to do with pot. we opened the show with the issue of pot. it is an issue that your state knows intimately with medical marijuana be legalized. you have a complex relationship with that legalization. i don't want to get into your local issues. i want to get into your issues with the fed. so many people don't understand how these federal laws that continue to ban marijuana sale, use, trafficking, et cetera, will reconcile with state laws that are allowing it. have you had complex conversation with eric holder and the feds on backing off and allowing states to do their things? >> no, i haven't. i believe that the governor has but w
CNN
Dec 2, 2012 3:00pm PST
in and many of the old people still there are not economists, they are not experts on the economy. they are not experts on the fiscal cliff. if you speak to those who know, they will tell you it is a bad thing to go over that cliff. and still you're saying maybe we should do it. what is -- what's the sense of doing that? >> we have had 17 debt and deficit commissions since 1982 and listened to the experts every time. the national debt went from $1 trillion to $16 trillion. congress does not cut spending. they have been saying for a long time we need a balanced approach. the experts say we need a balanced approach. the so-called fiscal cliff is the most valid approach out of congress and now they don't want to do it. >> what happens if we do go over this cliff, aaron? our credit rating, what it means for those incentives and for the cuts that kick in automatically, what does this mean for us because it is not good by any means. >> see, it is a cliff -- >> you think it's a false deadline. >> i absolutely do. i think that suddenly markets will not crash, the bottom will not fall out.
CNN
Dec 2, 2012 4:00pm PST
upper income americans that doesn't hurt our economy, then would wouldn't he consider it? >> reporter: that's are publicly unchanged position was a deadline that's set. whether political theater or political reality, there's more mention going over the fiscal cliff could go beyond hypothetical. >> there's clearly a chance. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. >> if they are going to force higher rates on virtually all americans because they're unwilling to let tax rates go up on 2% of americans, then, you know, that's the choice they're going to have to make. >> emily joins us live from washington. emily, the zinger sound bites, they're all piling up. what is the actual strategy behind all this political theater? what are you hearing from the republicans and from the democrats? >> reporter: you know, less than a month out now from going over the fiscal cliff. even talk about political strategy sounds an awful lot like posturing. we heard it from secretary geithner who said republicans seem to be in a hard place on this, n
CNN
Dec 3, 2012 8:00am PST
ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. >>> security software pioneer john mcafee is on the run. police in belize want to talk with him about the suspicious murder of his neighbor that happened three weeks ago but mr. mcafee is nowhere to be found. or so we thought. >> reporter: the search to find john mcafee began right here at the airport not long after i landed and three words. sorry i'm late. a code word to let me know i met the person to take me to mcafee. who follow eed was a long drive and then we get in to a parking lot and get in to another vehicle an drive off again. this time with switchbacks, u-turns and back alleys. it was clearly meant to confuse and anyone following. and then there we were. face to face. observation number one. with john mckay fee, there is no such thing as a simple answer. you are john mcafee? >> i think so, yes.
CNN
Dec 3, 2012 9:00am PST
to the financial pressures caused by a whole bunch of things, ranging from the internet to a tough economy. now, this is kind of a blip compared to what some newspapers, including my former paper "the washington post" have gone through, cutting hundreds and thousands of employees through buy-outs and layoffs, other methods of trimming the payroll. 30 voluntary buy-outs is nott that much. given the time to keeping that news rm big, it shows that even if you are in new york and you are a big national newspaper, you cannot be immune to the tough times facing the print business right now. >> hey, howie, thank you. love your show. >> thank you so much. talk to you again. >> howie kurtz joining us live on a number of topics. >>> also, secretary of state hillary clinton has a message, and it's for syria. use chemical weapons against your own people, and the united states will take action. what does that mean? we'll talk about it. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues w
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